BCM's Board commits $15 million

Members of the Baylor College of Medicine Board of Trustees have committed $15 million of personal funds to give new BCM President and CEO Dr. Paul Klotman a resource for recruitment of top faculty.

The gift by 17 members of the College’s board was announced at the regular trustee meeting on Wednesday.

“Dr. Klotman’s enthusiasm for the College is contagious and he has directed a focus on Baylor College of Medicine as being the best place to excel in research, education and clinical care,” said Marc Shapiro, chair of the board of trustees. “This fund makes clear the support of the board for Dr. Klotman’s vision for advancing Baylor.”

The fund can be used at Klotman’s discretion for recruitment of leaders in all of the College’s mission areas. One specific area to be addressed by the gift is to broaden the College’s clinical excellence.

“I greatly appreciate the confidence of the trustees,” said Klotman. “I know Baylor College of Medicine is the best place to be. This demonstration of support from the Board allows us to show our commitment to excellence to academic medicine leaders across the country. Baylor defines excellence. This gift gives us the ability to recruit top faculty who share that view.”

BCM board members have a history of backing the college with their own gifts.

“Baylor trustees are solid supporters of the College,” Shapiro said. “Not only do they dedicate their time to the success of Baylor, but they are also willing to show their support financially. They clearly believe in the work that is being done by this great institution.”